USA – EB5 Program
Regulations are in process to change the EB-5 program on Sept. 30, 2016. After that time, the following changes are expected to occur:
(1) Investment levels are expected to change from $500,000 to $800,000 in Targeted Employment Areas (TEAs), and from $1M to $1.2M in non-TEAs.
(2) The definition of TEAs may change, meaning that urban areas could be re-classified as non-TEA and subject to the higher investment level.
(3) The I-526 filing fee is expected to increase from USD $1,500 to $3,675 (this could occur prior to Sept. 30).
The current $500,000 investment level will remain in effect for all applications filed with USCIS before September 30, 2016 (less than 5 months from now). We do not expect the current program to be extended again.
To lock-in cases under the existing pricing and program, it is highly recommended that you submit any pending EB5 cases to John Hu Migration Consulting right away, work with our team to complete the documentation requirements quickly, and encourage your clients to transfer their funds as soon as possible, so that their applications may be sent to USCIS prior to September 2016.
John Hu Migration Consulting is currently offering secured EB5 projects, which is already under construction (and will be completed in October 2016), and which greatly exceeds the job creation requirement (26 jobs created per investor, versus the required 10 jobs per investor). Please contact us for full details on this exciting new EB5 project.
Under EB5, there is no language requirement, no age limit, and no management experience requirement. Applicants must have a net worth of minimum $1 million USD, and be able to document the source and path of funds for the investment and fees.
